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The Effect of Prospective Payment on Admission and Treatment Policy : Evidence from Inpatient Rehabilitation Facilities

Sood, Neeraj - 2011

), which simultaneously reduced marginal reimbursement and increased average reimbursement. IRFs could respond to the PPS by …

Persistent link: https://www.econbiz.de/10013122658

Referrals : Peer Screening and Enforcement in a Consumer Credit Field Experiment

Bryan, Gharad - 2014

Empirical evidence on peer intermediation lags behind many years of lending practice and a large body of theory in which lenders use peers to mitigate adverse selection and moral hazard. Using a simple referral incentive mechanism under individual liability, we develop and implement a two-stage...

Persistent link: https://www.econbiz.de/10013066523

Household Response to the 2008 Tax Rebate : Survey Evidence and Aggregate Implications

Sahm, Claudia - 2010

Only about one-fifth of respondents in the Reuters/University of Michigan survey report that the 2008 tax rebates led them to mostly increase spending, while over half said it would lead them to mostly pay off debt. Of those in the mostly-spend category, the response was swift, with over 80...

Persistent link: https://www.econbiz.de/10013150550

Rebate Rules in Threshold Public Good Provision

Spencer, Michael A. - 2010

This paper considers how six alternative rebate rules affect voluntary contributions in a threshold public-good experiment. The rules differ by (1) whether an individual can receive a proportional rebate of excess contributions, a winner-takes-all of any excess contributions, or a full rebate of...

Persistent link: https://www.econbiz.de/10012758027

The Seniority Structure of Sovereign Debt

Trebesch, Christoph - 2019

Sovereign governments owe debt to many foreign creditors and can choose which creditors to favor when making payments. This paper documents the de facto seniority structure of sovereign debt using new data on defaults (missed payments or arrears) and creditor losses in debt restructuring...

Persistent link: https://www.econbiz.de/10012871160

Rational Illiquidity and Consumption : Theory and Evidence from Income Tax Withholding and Refunds

Gelman, Michael - 2019

Having low liquidity and a high marginal propensity to consume (MPC) are tightly linked. This paper analyzes this linkage in the context of income tax withholding and refunds. A theory of rational cash management with income uncertainty endogenizes the relationship between illiquidity and the...

Persistent link: https://www.econbiz.de/10012872296

Moral Incentives in Credit Card Debt Repayment : Evidence from a Field Experiment

Bursztyn, Leonardo - 2015

We study the role of morality in debt repayment, using an experiment with the credit card customers of a large Islamic bank in Indonesia. In our main treatment, clients receive a text message stating that “non-repayment of debts by someone who is able to repay is an injustice.” This moral...

Persistent link: https://www.econbiz.de/10013014296

Paying on the Margin for Medical Care : Evidence from Breast Cancer Treatments

Einav, Liran - 2014

We present a simple graphical framework to illustrate the potential welfare gains from a “top-up” health insurance policy requiring patients to pay the incremental price for more expensive treatment options. We apply this framework to breast cancer treatments, where lumpectomy with radiation...

Persistent link: https://www.econbiz.de/10013052496

How Much Favorable Selection is Left in Medicare Advantage?

Newhouse, Joseph P. - 2014

of contracts. Consumers with greater demand for medical care services prefer contracts with more generous reimbursement …

Persistent link: https://www.econbiz.de/10013055848

Who Benefits When the Government Pays More? Pass-Through in the Medicare Advantage Program

Duggan, Mark - 2014

do this, we exploit a substantial policy-induced increase in MA reimbursement in metropolitan areas with a population of … 250 thousand or more relative to MSAs just below this threshold. Our results demonstrate that the additional reimbursement …. Our findings also reveal that only about one-fifth of the additional reimbursement is passed through to consumers in the …

Persistent link: https://www.econbiz.de/10013056590